Cheap Apartments for Rent in 99516

26 rentals

Apartments For Rent Near 99516

We found 30 more apartments matching your filters just outside 99516

Average Rent Trends in 99516

Rent in 99516 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Dec 2025$2,600
Jan 2026$2,500
Feb 2026$2,500
Mar 2026$3,800
Apr 2026$4,600
May 2026$2,675
Jun 2026$2,675
Jul 2026$3,200
Aug 2026$3,800
Sep 2026$3,300
Oct 2026$3,300
Nov 2026$3,400
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$2,200$2,400$2,900$4,600$3,300
Apartments and Condos$2,200$1,560$2,800$3,300$2,500
Houses—$2,995$2,900$4,600$3,950

Frequently Asked Questions about Rentals in 99516

  • What is the average rent of an apartment in 99516?
    The average rent of an apartment in 99516 is $2,500 per month. This is about 29% higher than the national average.
  • What are the cheapest months to find an apartment to rent in 99516?
    Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $2,600 per month.
  • How many cheap apartments are available in 99516?
    There are 12 apartments to rent that are cheaper than the city’s average rent of $3,300.
  • When is the average rent most expensive in 99516?
    In the last year, the average rent in 99516 was highest in Aug 2025 when it was $4,200 per month.
  • What are some cities near 99516?
    Some nearby cities include: Anchorage, Eagle River, Hope, Point MacKenzie, Chugiak, Moose Pass. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 99516 - 500 Rentas | Trulia